Recent News

Ira Rosenberg, longtime New England dealer, dies at 82

Dealer Ira Rosenberg, who started Ira Motor Group near Boston in 1975 and sold it 25 years later to public retailer Group 1 Automotive Inc., died Thursday from complications after a fall last month. He was 82. ... Read More »

Automotive News wins Neal awards for dealer series, China coverage

The Best Series award, for the four-part "Ingenuity Unleashed" project, is the second in a row for Automotive News. ... Read More »

NADA Seeks Dealers for 2019 Workforce Study

The National Automobile Dealers Association wants U.S. dealers to participate in its 2019 Dealership Workforce Study, offering complimentary custom reports to respondents based on the survey’s findings. ... Read More »

Embattled Wells Fargo Chief Steps Down

Wells Fargo President and CEO Tim Sloan will retire effective June 30, ending an era marked by a series of scandals that rocked the company’s auto, home, and consumer banking divisions. ... Read More »

‘Feuding’ Industry Unites to Fight Auto Tariffs

Bloomberg reports executives and lobbyists representing dealers, manufacturers, and various suppliers are converging on Washington to voice their opposition to new levies on imported vehicles and parts. ... Read More »

FTC Concludes that Impax Entered into Illegal Pay-for-Delay Agreement

The Federal Trade Commission announced its Opinion and Final Order against generic pharmaceutical company Impax Laboratories LLC [a public version of which will be linked to this news release shortly]. The Commission ruled that Impax engaged in an illegal pay-for-delay,...

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Volkswagen, Siemens partner on Amazon cloud tech

Volkswagen Group selected Siemens to help it connect its 122 plants worldwide to Amazon's cloud to enhance manufacturing efficiency. ... Read More »

Tesla supplier to buy GM Korean plant for EV output

A South Korean supplier to Tesla agreed to buy a shuttered factory from GM's local unit to start contract manufacturing of EVs, possibly for the U.S. and Europe. ... Read More »

France raises Valeo stake on fears of activist raids

The French government has increased its stake in Valeo, which has been previously targeted by activist investors, as the supplier is buffeted by a downturn in the auto market and lower expectations for self-driving cars. ... Read More »

Get Money Smart during Money Smart Week

Financial literacy resources for Money Smart Week ... Read More »